Legal Question in Business Law in New York

Re: real estate

It sounds like you are talking about a finder's fee agreement. The fee can vary widely depending on the industry, geographic region and, especially, the size of the deal, but is typically a declining percentage. The Lehman formula is your basic starting point. But, if it's a sizeable deal ($50MM+), the short answer is 1-2%. In smaller deals, the percentage can be larger.

Feel free to give us a call if you need legal representation as a finder/consultant. Our practice focuses on representing hedge and private equity funds, their investors, investment managers and consultants, advisors and various other service providers to the industry.

Re: real estate

Yes, there is often a finder's fee for introducing an equity investor into a transaction. You need to have a written agreement which protects you and describes in detail under what circumstances you are to be paid and how much.